InterWorld Introduces Enterprise Commerce ROI Estimator; New Software Tool Illustrates Potential Cost Savings and Sales Advantages for Transitioning to an e-business Platform.Business & Technology Editors NEW YORK--(BUSINESS WIRE)--June 25, 2001 InterWorld(R) Corporation, a leading provider of enterprise commerce software solutions, today announced the availability of its "ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot). Estimator"-- a tool for enterprises to use in planning their e-business strategies. InterWorld's ROI Estimator helps companies analyze their current overhead and administrative costs administrative costs, n.pl the overhead expenses incurred in the operation of a dental benefits program, excluding costs of dental services provided. and compute the potential cost savings and sales advantages that can be realized by adopting an enterprise commerce software solution, such as the InterWorld Commerce Suite(TM). "In this tough economic climate, companies need compelling and detailed justification before they can invest in e-business technologies," said Mike Morini, executive vice president of sales and marketing, InterWorld. "InterWorld's ROI Estimator is designed to give companies a definitive sense of return so they can factor future gains into their decision-making," added Morini. InterWorld's ROI Estimator gathers company information step-by-step through a simple user interface. Business managers are asked questions on customer retention, inventory costs, customer service costs, order processing costs and other areas impacted by the InterWorld solution. At the end of the assessment, the ROI Estimator calculates the internal rate of return and presents a line-by-line report of projected savings and benefits of the project. "The short and long-term advantages of becoming an e-business are evident from a strategic and quality of business perspective, but often hard to quantify, especially given all the hype and criticism of the Internet economy The Internet Economy refers to conducting business through markets whose infrastructure is based on the Internet and World-Wide Web. An Internet economy differs from a traditional economy in a number of ways, including: communication, market segmentation, distribution costs, and price. ," continued Morini. "Businesses need to understand the inherent savings and powerful sales models made possible by the Internet. The ROI Estimator offers the kind of customized information companies need to see, derived from their own unique positions, as they plan their online strategy." InterWorld's ROI Estimator is available immediately. To learn more about InterWorld's ROI Estimator, visit www.InterWorld.com/roiestimator or contact Jared Smith Jared Smith is an American amateur singer specializing in Spanish. His singing career achieved some notoriety in the mid-1990s when his brothers Colin and Ian of Freeverse Software combined a recording of his singing with an animated smiley face. at 212-301-2317. About InterWorld Corporation InterWorld Corporation is a leading provider of enterprise commerce software solutions that facilitate sales channel management, customer relationship management, partner relationship management, business intelligence and enterprise integration. The InterWorld Commerce Suite(TM) enables companies to maximize their return on investment by leveraging their existing business systems, improving overall business processes, reducing total cost of ownership, and managing complex sales channels. InterWorld specializes in solutions for businesses in specific industries such as retail, manufacturing, distribution, telecommunications and transportation. To complement and extend our solution, InterWorld has partnered with some of the world's leading consulting and technology companies such as Ariba, Andersen, Deloitte & Touche, NCR (NCR Corporation, Dayton, OH, www.ncr.com) A technology company specializing in financial terminal transactions, retail systems and data warehousing. Until the late 1990s, NCR was heavily invested in the hardware side of the industry, known worldwide as a major manufacturer of computers Corp., PricewaterhouseCoopers, Sun and webMethods. InterWorld customers include, among others, Brooks Brothers, Burlington Coat Factory Burlington Coat Factory Warehouse Corporation is a national department store retailer focusing on clothing and shoes, with over 360 stores in 42 states (as of 2006). In early 2007, the first location to be opened in Canada will be at the Vaughan Mills mall in Toronto. , Crane Co., Walt Disney Internet Group The Walt Disney Internet Group (WDIG) oversees several websites owned by The Walt Disney Company and its subsidiaries. [1] The division's Disney Online unit operates disney. , IKON Office Solutions IKON Office Solutions (NYSE: IKN) is a Fortune 500 company based in Malvern, Pennsylvania. Formerly part of ALCO Standard. IKON integrates copy machines and fax systems to assist businesses. , MSC (1) (MSC.Software Corporation, Santa Ana, CA, www.mscsoftware.com) Founded in 1963 by Richard H. MacNeal and Robert G. Schwendler, MSC is the world's largest provider of mechanical computer aided engineering (MCAE) strategies, simulation software and services. Industrial Direct, Oki Data Americas, and Verizon. Founded in 1995, InterWorld is headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , NY with offices throughout North America, Europe, and Asia-Pacific. For more information, InterWorld can be reached at 1-800-814-8942 or www.interworld.com. InterWorld is a registered trademark of InterWorld Corporation. The InterWorld Commerce Suite is also a trademark of InterWorld. All other company, product, and brand names are trademarks of their respective owners. |
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